Japanese Land Values Decline at Fewer Sites, Driven by Residential Demand

"Values fell at 105 of 150 locations throughout Japan, according to a survey by the Ministry of Land, Infrastructure, Transport and Tourism today. Values declined at 70 percent of monitored sites as of July 1, it said. That compares with 82 percent three months earlier, 96 percent in the quarter before that, and 98 percent in the prior quarter."